Bursa Maniac

Cup and handle , type this 3 words then google it found many of chart show to be cup and handle,I laugh and talk to myself why now cup and handle have became like that , did all those charts are cup and handle ? then go to investopedia

http://www.investopedia.com/university/charts/charts3.asp
It said :
The construct of the cup itself is also important: it should be a nicely rounded formation, similar to a semi-circle.
well that is the cup and handle I know to be.

I think this is a new chart pattern if you add the uptrend to the start of the cup and handle. Looks obscene though. I think we see what we want to see. For me to use an item as the pattern mush stick to the pattern not to abuse it , when we say this creature look like a dog but it totally didn't look like a dog can we use the term look like dog? That is what i always said force to become a pattern. A cup does not necessary look like a conventional cup shape or a ball not necessary to be round tongue emoticon .

 Price is the one most talked about. Volume is also something people do not talk in depth these days. Time, well its a more complicated thing. But you would have heard of it even in Wall Street articles - EW, Gann Analysis, Tick charts, these are all Time concept of the equation

Nope nothing about intelligence. The issue here is 2 folds
1. You have not see enough charts to feel where your settings of MA are.
2. There is a fixation that the price is to respect your MA setting, i.e. that is how you derive your support/resistance.

Well some people can read chart without MA just because he had been drawing his own charts for some time, you see the wonder of draw your own charts , in this world there will have no free lunch, read book or articles was just reading what people came across or the book creator copy and paste , when they interpreted the charts wrongly mean you get the massage wrong you learn the wrong knowledge.

Sure price action is the most important other tool are just a add-on, some pattern are just for easy remember of the price movement but some are just to showing the beauty of price movement can be from the artist , may I say was created by those guy who are not good at chart reading (price movement).

At Herman Magic Room after saw Neo Mui Kian system make me recall my 20 years ago uncompleted and give up project, they are still in my formula folder. Neo one is so much better than mine and had cut out all the noise, she had really put lot of effort in it but I just give up.
This system will never ever be use by me again for me this belong to her.

My friend Eelyn said : Hi I don't really understand much from this chart. I feel very confused n messed up with all the lines.. At Herman Magic Room .
Was "very confused n messed up with all the lines" make me gave up to construct this project.

A good system must be easy to understand and simple not confusing. After gave up about 20yrs now I see people construct this system. This show what was in my mind workable is just how efficient it is.

Well, everyone should make your own trading system with buy and sell signal which can backtest using software like metastock and also historical data. These data may come with 1min, 5min, 30min, 1 hours or even 1 day (EOD) interval. I always used 1 hours as the time frame for backtesting. Thus the best profit is your formula for future trading. You should 100 percent follow your system with involvement of emotion. The things you need to pay attention is the commission fee charged by your broker and the drawback at your system. It will turn your profit to lose.

Candlestick chart with volume in it, it was found about 20 yrs ago, Candlevolume chart do not need to have another row for display volume cos the candle itself have shown the day volume. candle volume is fill with fat and thin candles fat candle mean high volume thin candle mean low volume. Any software will supply you free and provide this function.